Consumer sentiment hits record low, inflation fears rise amid Iran war
The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
Last updated: 2026-04-10 18:28:29 ET
The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
The survey’s initial April reading came in at 47.6, versus 53.3 in March. Analysts polled by The Wall Street Journal were expecting a drop to 52.
For weeks, the Iran war was an inflation story. Oil above $110 meant $4 gasoline, higher transport costs, higher everything — a sustained supply-sid...
Perp DEX daily volume fell to $8.4 billion on April 4, its first sub-$10 billion level since September and the lowest since July, DefiLlama data shows...
The president is in a precarious political moment seven months before the midterm elections, facing some of his lowest approval ratings and presiding over an unpopular war.
Just before the start of fighting in the Middle East, mortgage rates had dropped to their lowest level since 2022.
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